Nernst gave a relationship between electrode potential and concentration of electrolyte solution known as Nernst equation. For a general electrode reaction,
Mn+(aq) + ne- M(s)
the Nernst equation is
Where E(Mn+|M) = electrode potential
Eo(Mn+|M) = Standard electrode potential
R = Gas constant, T = Temperature, F = Faraday constant
n = Number of electrons gained during electrode reaction
[Mn+(aq)] = Molar concentration of ions, [M(s)] = concentration of metal
Significance of Nernst equation:
1) It can be used for calculation of cell potential
2) It can be used for calculation of concentration of a solution of Half cell.
3) Equilibrium constant can be calculated from this equation.